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BMRTue, 20th Dec 2011 11:54
Berkeley Mineral Resources, the Zambia-focused minerals company, has seen its share price shoot up 8% this morning after announcing it has bought an option on stockpiles of copper tailings located in the Chingola area in the north of the country. Tailings are the residue of mining activity which of
Read moreBerkeley Mineral Resources (BMR), the firm which owns the disused Kabwe mine in Zambia, says it is in discussions to sell on one of the huge residue dumps that it currently owns. In the mining industry, residue material is known as "tailings". Kabwe mine has three major dumps of tailings and they a
Read moreBerkeley Mineral Resources, the company which aims to extract zinc and lead from residue dumps at the disused Kabwe mine in Zambia has begun re-drilling slag stockpiles. This phase of drilling is being carried out with the "percussion drills" necessary to provide samples that can be assessed by sci
Read moreNon-executive director Peter Coates has opened his account in Glencore, spending £320,000 on shares in the Swiss commodity trading house. He took 82,700 shares at 387.2p a time and has already banked a tidy profit, with the shares closing just short of 400p today. Coates is the chairman of Austral
Read moreDragon's Den entrepreneur and business tycoon Peter Jones has used some of the proceeds of his sale of one of his telecoms businesses, Wireless Logic, to buy more shares in the online consumer electronics business eXpansys He bought 35,634,200 shares at 2.42p. Jones, the non-executive deputy cha
Read moreMiner and metals processor Berkeley Mineral Resources has today announced that its due diligence on BMR's proposed purchase of all the remaining stockpiles of tailings, not presently owned by it at the Kabwe mine, in Zambia, has been completed satisfactorily. The acquisition is now expected to go
Read moreMiner and metals processor Berkeley Mineral Resources got a bit of a bashing on Wednesday as it proposed to place 145m new shares at 4p each, well below the prevailing mid-market price. In addition to the new placing shares the company will issue one warrant for every two placing shares subscribed
Read moreDiageo's finance boss Deirdre Mahlan has added to her stake in the Guinness brewer and spirits supplier, buying nearly £150,000 of shares. The American took 3,021 American Depositary Shares (ADS) in the company. An ADS, which is equivalent to four ordinary shares, is a dollar denominated share of
Read moreLosses increased at Berkeley Mineral Resources during the first half, but production at Kabwe in Zambia should start during the second half and the outlook is "very positive". The company lost £863,632 in the six months ended 31 December 2010, up from £232,468 the year before, although the latest n
Read moreThe delayed acquisition of a zinc asset in Zambia by Berkeley Mineral Resources (BMR) has finally gone through. The UK mining tailings processor saw its share price slump back in December when it announced a delay in its acquisition of the remaining stockpiles of lead and zinc tailings at the Kabwe
Read moreA delay in its acquisition of a zinc asset in Zambia has sent shares in miner and metals processor Berkeley Mineral Resources sharply lower. Completion of the acquisition of the Kabwe tailings dump, where materials left over from previous mining operations are processed, is now expected to take pl
Read moreMining and processing company Berekeley Mineral is on the look-out for more things to buy once it has completed the acquisition of the remaining tailings at Kabwe, Zambia. The company acquired an option to secure the rights to process the remaining stockpiles of lead and zinc at Kabwe Mine, Zambia
Read moreGas storage group Infrastrata says it can get a project in Dorset moving forward after completing legal agreements with its partner eCORP. eCORP has acquired 50% of the project company, Portland Gas, in return for funding the next £22.9m for investment in the project, to match the amount Infrastra
Read moreLONDON (Dow Jones)--Berkeley Minerals Resources PLC (BMR.LN), a company primarily engaged in processing mining tailings, said Tuesday that the mineral and metallurgical due diligence program is proceeding to time and to budget. MAIN FACTS: -South African drilling company Dump and Dune were c
Read moreShares in Healthcare Enterprise jumped after the healthcare group reported that one of the companies in which it has shares has been given formal approval to sell an artificial insemination device in the US. Reproductive Sciences, which is 27% owned by Healthcare Enterprise, said the US Food and Dr
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